Resolution 2002-24 - Laserfiche WebLink

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Agreement Between pEcrElivl Coal Creek Ranch Master Association, Inc AND 1111 Novo 1 zo Todd and Calla Lovrien PLANNING Be it resolved the following is an agreement between the Coal Creek Ranch Master Association, Inc. (herein referred to as the "HOA") and Todd and Calla Lovrien and any successor owner/s of said property (herein referred to as the "applicant") enacted pursuant to the Proposed Annexation by the City of Louisville of a certain parcel of property (approximately 1.156 acres) as described in City of Louisville Ordinance No. 1362, Series 2001. This parcel of property is being purchased by the applicant from the current owners, James A. Maurer and Kaylyn Reischick Maurer contingent on annexation by the City of Louisville. 1) This agreement shall be effective simultaneously with the adoption by the City of Louisville of Resolution No. 18, Series 2001. Should the Resolution not be adopted this agreement is null and void. 2) The applicant does hereby agree to pay all costs and/or expenses related to the inclusion of the annexation of the subject 1.156 acres into the HOA. This includes but is not limited to the following items: a) Legal cost to draw up a Supplemental Declaration and update Property Drawings as may be necessary. The Supplemental Declaration shall include the conditions set forth by the Coal Creek Ranch Declaration of Covenants Conditions and Restrictions, Section 3.3 and subparagraphs (a) through (j) excluding paragraph (b) which is no longer applicable. b) Stipulate in this Declaration that the requirements of the zoning classification "SF-E" shall take precedence over the setback and height restrictions established in the Architectural Guidelines which are part of the Declaration of Covenants Conditions and Restrictions (CC&Rs) of Coal Creek Ranch. c) Recording the Supplemental Declaration and any Updated drawings. d) Prepare a legal description of the portion of Outlot E which the applicant shall be responsible to maintain as more fully described in paragraph (3) below. e) Documents prepared in accordance with this paragraph shall be submitted to the HOA for review and approval prior to being recorded. The cost of the review of a professionally prepared document is not to exceed $350 which is to be paid by the applicant. 3) In addition to the approximate 1.156 acres as described in City of Louisville Resolution 18, Series 2110, the applicant agrees to maintain the portion of Outlot E described as follows in subparagraph (a). (For a full description of Outlot E refer to Page 3 of Coal Creek Ranch, Filing 4, Final Plat. Copies of this drawing are available at the City of Louisville Planning Department and the Boulder County Clerk's Office.) a) Boundary Description of Portion of Outlot E to be Maintained by Applicant: Bounded on the North - by the existing Bike Trail. Bounded on the South - by the existing Outlot E/Maurer property line. Bounded on the West - by extending the westerly property line northward to intersect with the Bike Trail. Bounded on the East - by extending a line originating at St. Andrews Lane southward and parallel to the Westerly Maurer property line, intersecting with the existing Outlot E/Maurer property line. The St. Andrews Lane point of origin shall be located twenty-five feet east of the yet to be built driveway which will access the 1.156 acre parcel.